Lot 41: LEASEHOLD FLAT FOR INVESTMENT

A well proportioned two bedroom flat situated in a purpose built block close to St Austell town centre with its range of shopping and amenities. The block is serviced by a lift facility, has a resident laundry room and is considered suitable for continued use as an investment.

Ground and First Floors

Separate communal entrances at ground and first floor level each with a respective intercom system. There is a store for the flat at first floor level.

Seventh Floor

Entrance hall, living room, kitchen, two bedrooms and bathroom with W.C.

Outside

Designated visitor parking and resident parking which is available by separate rental agreement.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a rental of £575 per calendar month. The current tenant has been in occupation for approximately twelve years with no history of rent arrears.

Tenure

Remainder of a 125 year lease from 29th January 2001 at a current ground rent of £10 per annum.

Auctioneer’s Note 1

A floor plan with dimensions has been produced by the seller and is available from the auctioneers by request.

Auctioneer’s Note 2

The Auctioneers have been advised by the seller that there is no external cladding on the block.

Residential EPC: C

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